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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 13, 1911)
PXG13 SIX ,. r. -t,r. !MEDFORD MATL TRIBUNE, TrEDFORPt OREGON, SUNDAY, AUGUST in. mil. W7J !M rX Ja$ GRANTS PASS WINS TENNIS Successful Meet Is Held at Talent . Standard of Play Is High Much Interest Was Taken in Every Event On the Program. TIio oluli from Grnnts Pass were (ho victors in 0110 of (lie most ftu ecssful tonrnnnieiits ever held by the Southern Oregon TcnnU nsociiition, winning It point", men's singles, In dies' singles nnd ladies' doubles. The standard of play was of a high order throughout nnd mueh interest was Inke-n in every eent. Following are the resulls in de tail. Men's Single's. 0. II. Joluwon (Onkdale) beat 0. A. Morse (Talent) 7-5. It. ',. Hnrt2ler (Ornnis Pas) boat 0. II. Johnson (Onkdale) 0-215-2. , Ilailzler (Grants Pnvs) beat Wei son (Jneksonvalle) (i-1 (5-4. Campbell and Johnson (Oakdale) beat Foss nnd Gerin (Tnlent) G-3 7-5. Campbell nnd Johnson (Oakdale) beat Wilson nnd Wells (Jaekson illn) 4-0 G-l-G-4. Mixed doubles Miss McLean nnd Mr. Herriek (Grants Pass) beat Jli-s Kinney nnd Mr. Wells (Jacksonville) G-l G-2. Mrs. Seott nnd Mr. Ayer (Talent) heat Miss MeLean and Mr. Herriek (Grants Pass) (4-0) (0-4) (0-4). Ladies' singles Jacksonville beat Central Point (default). Grants Pass beat- Oakdale (de fnult). Talent beat Ashland (default).. Miss Louth (Grants Pass) beat Mrs. Seott (Talent) 7-3 G-l. Ladies doubles Mrs. Seott nnd Miss Stump (Talent) beat Miss Kin ney and Miss Uoli&on (Jncksomille) 0-4 G-3. Grnnts Pass bent Ashland (de fault). Miss McLean and Miss South (Grants Pass) beat Mrs. Seott and Miss Herring (Talent) 0-1 G-3. Final scores:' Grants Pass won 3 points Men's singles, Indies' singles, ladies' dou bles. Oakdale won 1 point Men's dou bles. Talent won 1 point Mixed dou bles. ;ijMiitMM """"""""" 8 Per Cent First Lien Receiver's Certificates FOR an INVESTMENT Advertised Letter List. The following letters remain un called for at the Medford, Or., post-office- August 0, 1911: Mr. Bell, E. A. Beals, George Jie noit, Fred Blukeley, Mrs. Ernest Bochnrt, W. J. Brown, Dollic Burt, Fenton C. Bolton, Edward Burke, Shcrbcrt C. Buck. Mrs. Ed Call, F. II. Cat on (2). Waldo R. Colbert, Mis. George Conter, C. O. Cook' C. F. Edwards Bros., Ray Elkin, Master George Fanner, Mrs. Fred Fedrick, 'JJena Friemnn, Fred B. Gray. W. Gile, Mrs. Bertie B. Griffith, B. W. Harri son, Otto Harris, Icy Hewitt, H. B. Houston A. II. Juckson, Illingswortn, J. G. Ingersol, Will Johnson, Clnire Johnson, II. L. Jones, J. M. Kerr (2), Mar Kcndelll, Clay C. Knnngo (2) Hurry Koken, Martin Kringe, C. L. Larson, John Lane, Erion Lewis, C." G. Lindstrom, Grace Lird Law rence Martin, C. 0. Merrill, Joe Mul lignn, Bench M. Morgan, Reuben Moore, G. A. Murray, Jno. MeDermot, James McLouven, J. E. McGregor. Tom McKiiiney, John McGuire, James V. Oakey, Alfred Oliver (2) Bert Overman, Ernest Nnte, Call Peter son, Pel kins & Lyon, II. IT. Prut ley, Mrs. II. Reynolds, Fred Pratloy, Mrs. W. S. Reyon, J. B. Reese, XeKon Ri ley, John N. Riggs, Mrs. A. F. Rob inson, A. B. Russell Mrs. Maricn Rutishnuser, Mrs. Win. Shnnbaugh Alico Shny, Daniel Shields. C. D. Seott, F. II. Story, Lizie Tillie, John M. Thille. Mrs. J. E. Tice, Mrs. Mar gnrile Van Horn (2), T. G. Wager Win. Welch, W. Wing Mnmio Wilson. EGYPTIAN ANTIQUITIES ARRIVE IN NEW YORK NEW YORW, Aug. 11. Thirty fons of Egyptian antiquities, tin frutH of sovoral yeais labor on the part of fivo Amoiican scientists, were tnkon lodav to the Metiopolituu Museum of Arts, whuie they will he housed in n separate building. TIio antiquities, which wero dug from the ruins of several nncient Egypt inn cities, arrived hero on n Gorman freight stcniner. 'Lloyd Arraigned. SAN FRANCISCO, Cal., Aug. 11 Frederick, E. Llyod, prominent in surnuco man hoio nnd former presi dent of the Pacific Surety company was nrruigned boforo Polico Judge Deusy today on n clmrgo of em bezzling .j.fl 1,000 from funds of the Paeifio Slopo Soertrities company The homing was continued until Au gust ID. WE ARE OFFERING THE FIRST LIEN RECEIVER'S CERTIFICATES ISSUED BY THE RECEIVER OF THE GOLDEN DRIFT MINING COM PANY. THESE CERTIFICATES WERE ISSUED BY MR. J. A. WHARTON, RECEIVER, UNDER AUTHORITY OF A COURT ORDER ISSUED BY THE HONORABLE F. M. CALKINS, JUDGE OF THE CIRCUIT COURT OF THE STATE OF OREGON, FOR JOSE PHINE COUNTY, ON NOVEMBER 30, 1910. tv This public offering is made in accordance with the pledge made to the Court by Honorable A. E. Reames, attornoy for the plaintiffs in tho action pond- in rt n mB, emu uy icoauu ui wiii-ju uio uei wuuiiueij were issueu. al ine Hearing on me application n was snown mat tne iiaintins would buy the Certificates, and Mr. A. C. Hough, attorney for the Defendants, objected to the Plaintiffs becoming a first lien creditor to tho exclusion of tho other partios to tho suit, and local investors, and Attorney Reames, at that time, agreed in open Court to cause a public offering of tho Certificates, so that the Defendants, or anv creditor, or Dfirsrm interest. FH nmild nnrfininnf.A in fliic "PTPRT T.fP.W rKrvwCJTTVnWP ' J ' I -wv., -V f f"- " W"U J.VWJ. "JJ41 .U.1 IUM11UJJ11J. The Golden Drift Mining Company in a public service corporation with a duty to the public to supply wator for irrigation, and tho Cortificatos woro is sued for the purpose of repairing the dam so that water could be pumped, and thus meet tho Company's obligation, and to preserve the proporty and its wator rights, and all of these objects have been accomplished. The Certificates were drawn by Attorney A. E. Reames, of Medford, Oregon, after a form, the logality of which stood tho tost of tho United Statos Sup reme Courttand this form was approved by Honorable F. M. Calkins, Judge of the Circuit Court, boforo tho Certificates woro issued and the form is now of record, being embodied in the Court Order. The Receiver, Mr. J. A. Wharton, is a man of integrity and a business man of Grants Pass with an excellent imputation, and is unclor an adequate bond, and is in nowise interested in the property other than his duties as Receiver. t The issue of Certificates is limited to the amount of $40,000.00 and runs for a term of three years, and draws 8 per cent interest annually It is a FIRST LIEN ON ALL OF THE PROPERTY of the Golden Drift Mining Company and ANY MONEY COMING INTO THE HANDS OF THE RECEIV ER ABOVE HIS ACTUAL AND NECESSARY EXPENSES. THEY ARE AHEAD OF ANY BONDS, MORTGAGES, CREDITORS OR STOCKHOLD ERS AND EVERY CLAIM OF EVERY KIND AND NATURE. The Certificates are Absolute Security of the Most Desirable Kind and Form the Best Investment Opportunity Ever Offered to the People of Southern Oregon THE PROPERTY OF THE COMPANY CON SISTS OF Over 1,000 acres of land standing in the name of the Golden Drift Alining Company on which there are many buildings, a small orchard and other improvements, easily worth $ 50,000.00 Water -Rights to all of the water of Rogue River at low stage, for both power and irrigation, easily worth.... 200,000.00 A dam across Rogue River, known as the Golden Drift Dam, three miles east of the City of Grants Pass, Oregon, and a power plant in opera tion. This plant has the machin ery installed and available to generate 2,400 horsepower of which 850 horse power is now used for pumping water on both sides of Rogue River for ir rigation. This dam is being recon structed with steel and concrete and nearly one-third of it is now com pleted, easily worth 140,000.00 Mi Total $390,000.00 All of this property is the SECURITY BACK OF THESE RECEIVER'S CERTIFICATES, and there is easily $10.00 worth of security back of every $1.00 worth of Certificates issued, and it is a better security than a first mortgage. The payment of interest and principal is further guaranteed by The Chicago-Rogue River Com pany, which is important to the extent that the Company owns and operates the irrigation sys ,tem and controls more than a majority of the legi timate stock formerly issued by the Golden Drift Mining Company, and should thus eventually con trol the entire property. At the time these Certificates were offered and actually subscribed and paid for out of the Treas ury of The Chicago-Rogue River Company and by its stockholders, arrangements were made to give as a bonus to those buying Certificates, $1.00 of the par value of the Common Stock of The Chicago-Rogue River Company with each $1.00 of Certificates purchased, so that the Certificate buyers would continue as a part owner in the properly after this loan, made by the Receiver, is paid off. So that it cannot be claimed that any partiality is shown and to treat all buyers alike, this bonus is still open to those buying Certificates under this offer. dam is actually protected against further damage by floods, as ample provision has been made to take care of future flood waters by means of fourteen flood gates through solid concrete and steel con MM At the time the Certificates were subscribed and paid for the property was not in tho good condition that it is at the present time. The re pairs and work on the dam and power plant, ap proved by the Court, are now nearly completed and most of the money has actually neen expend ed on the property and the power plant and pumps are in operation and can be inspected. The work done is of the best class of construction and tho 1'he rceeivershil) is conducted In m rwnnmniniil manner and the Receiver's salary and personal ex penses do not exceed sj? 170.00 per month. Bv a recent order the Court leased the properly to The Chicago-Rogue River Company to be used for pumping water for the irrigation of the Lower Rogue River Valley and which relieves the Re ceiver of the expense of maintaining the property, and thus provides an income for the Receiver which will more than pay (he Receiver's expenses and tho interest on all issued Certificates, and these Receiver's Certificates are a lien on all surplus money thus coming into the Receiver's hands. The irrigation business will increase this in come from year lo year, and afford a market for all the power that can be generated at the Gold-, en "Drift Dam and constantly increase the value of the property. There is no litigation pending that in any way involves the Receiver's title lo any of this prop erty, except an untried suit involving about 10 acres of unimproved land, which is not material. TIio property here listed has been inventoried and hied with the Clerk of the Court, and the title is good. THESE CERTIFICATES ARE AN EXCELLENT INVESTMENT FOR THE FUNDS OF BANKS, ESTATES AND TRUST FUNDS, AND FOR THOSE PERSONS WHO DESIRE AN ABSOLUTELY SAFE INVESTMENT BEARING A GOOD RATE OF INTEREST. THE BONUS IS A VERY ATTRACTIVE FEATURE AS THERE ARE ONLY 15,000 SHARES OF PREFERRED STOCK ANp 500,000 SHARES OF COMMON STOCK OF THE CHICAGO-ROGUE RIVER COMPANY ISSUED 40,000 SHARES OF WHICH WERE SET ASIDE AS A BONUS TO THIS ISSUE OF RECEIVER'S CERTIFICATES. CERTIFICATES ARE ISSUED IN DENOMINATIONS OF $50.00, $100.00, $500.00 AND $1,000; ANY MULTIPLE OF $50.00 BETWEEN ANY OF THOSE AMOUNTS AND CAN ONLY BE SOLD AT PAR, THE PRICE HAVING BEEN FIXED BY THE COURT. Send your Subscription or Inquiry for any further information to W , GEO. E. SANDERS r W ..! Agent for tho Plaintiffs. FIRST NATIONAL BANK BUILDING. GRANTS PASS, OREGON. t t i I ; : : : : : : frm ijiiiiifTfvrTY'iY'rrrrrrrrrrrrrrrrrrrrrrrrTTrrryrTrrrryvvvvviifvtiiMiffVMMMM "- f T ' " '- -.- -r -w- - t rf .